Protection of the Los Angeles Floodplain

Harry W. Richardson (), Peter Gordon (), Myung-Jin Jun and James E. Moore ()
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Harry W. Richardson: Universidad Autónoma del Estado de Mexico
Peter Gordon: University of Southern California
Myung-Jin Jun: Chung-Ang University
James E. Moore: University of Southern California

Chapter Chapter 6 in Regional Economic Impacts of Terrorist Attacks, Natural Disasters and Metropolitan Policies, 2015, pp 97-114 from Springer

Abstract: Abstract This chapter examines the local and regional economic impacts of the imposition of FEMA (Federal Emergency Management Agency) new construction regulations and flood insurance requirements proposed in 1990 on ten cities in the Los Angeles County floodplain (Bellflower, Bell Gardens, Carson, Compton, Downey, Lakewood, Long Beach, Paramount, Pico Rivera and South Gate). The goal of FEMA requirements was to protect against the effects of a “100 year flood”, i.e. a catastrophic flood that has a 1 % probability of occurring in any year.

Keywords: Discount Rate; Final Demand; Federal Emergency Management Agency; Flood Insurance; Vacant Land (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-319-14322-4_6

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DOI: 10.1007/978-3-319-14322-4_6

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